1820 Meridian Street Madison, IN $ 200,000
1820 Meridian Street
$ 200,000
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1820 Meridian Street

Madison, IN, 47250
$ 200,000
Bedrooms4 Baths2.0 Sq 1,672

Monthly Estimate*

$ 1,231

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Multi-Family Home for sale in Madison, IN

for $200,000 with 4 bedrooms and 2 full baths. This 1,672 square foot home was built in 1975 on a lot size of 0.3.

Excellent investment opportunity in Madison! This residential duplex features two separate units, each offering 2 bedrooms and 1 full bath. One unit is currently vacant, providing immediate potential for owner-occupancy or market-rate rental, while the other unit is tenant-occupied, offering built-in income. The property will need some TLC, making it a great value-add opportunity for investors or buyers looking to renovate and increase equity. Conveniently located near local amenities, historic downtown Madison, and major employers. Square footage is approximate; buyer to verify. Don’t miss this chance to own a versatile duplex with strong upside potential!

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Multi-Family Active

Price

$ 200,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,952

Style

Lot Size

0.3

Year Built

1975

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202605128

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Rubber
Zoning Residential
Patio/Porch Features Covered Patio Porch
Architectural Style One Story
Construction Materials Brick Frame
Year Built 1975
Stories Count 1
Township Madison
Levels One
Property Subtype Duplex
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Total Rooms 10
Full Baths 2
Status Active
Directions From IN-56 E/IN-62 E/Clifty Dr turn right onto Lanier Dr Merge onto Green Rd Continue straight to stay on Green Rd Turn left onto Meridian St/Miller St Home will be on the right
City Madison
Zoning Description Residential
MLS Area Rural
Lot Size Units Acres
Lot Size Square Feet 13068
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 1952
Virtual Tour https://www.corelistingmachine.com/home2/KEZV7H
Structure Type Duplex
Standard Status Active
Property Sub Type Additional Residential
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1672
Half Baths 0
Laundry Features Laundry Closet Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Porch Patio
Water Source Connected Public
Lot Size Area 0.3
Foundation Details See Remarks
Building Area Total 1672
Lot Size Acres 0.3
Lot Size Source Assessor
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* Excluded Features
List By
Stephannie Wilson

Listing Agent

Nexthome Wilson Real Estate

Broker

s.realtorwilson2@gmail.com

Email

Affordability Calculator

$1,394
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$163
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$200,000 Listed Price

Map


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1820 Meridian Street, Madison, IN, 47250 is a Multi-Family Home for sale at $200,000 with 1,672 sqft and a lot size of 0.3. 1820 Meridian Street has 4 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 47250 which is in Madison, IN